Spdr Nuveen Municipal Etf Earnings Per Share
MBND Etf | USD 27.92 0.06 0.22% |
SPDR Nuveen Municipal fundamentals help investors to digest information that contributes to SPDR Nuveen's financial success or failures. It also enables traders to predict the movement of SPDR Etf. The fundamental analysis module provides a way to measure SPDR Nuveen's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SPDR Nuveen etf.
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SPDR Nuveen Municipal ETF Earnings Per Share Analysis
SPDR Nuveen's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Current SPDR Nuveen Earnings Per Share | 0.12 X |
Most of SPDR Nuveen's fundamental indicators, such as Earnings Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SPDR Nuveen Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
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According to the company disclosure, SPDR Nuveen Municipal has an Earnings Per Share of 0.12 times. This is much higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Muni National Interm category. The earnings per share for all United States etfs is notably lower than that of the firm.
SPDR Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPDR Nuveen's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SPDR Nuveen could also be used in its relative valuation, which is a method of valuing SPDR Nuveen by comparing valuation metrics of similar companies.SPDR Nuveen is currently under evaluation in earnings per share as compared to similar ETFs.
Fund Asset Allocation for SPDR Nuveen
The fund invests most of its asset in various types of exotic instruments. .Asset allocation divides SPDR Nuveen's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
SPDR Fundamentals
Return On Asset | 0.016 | |||
Profit Margin | 0.01 % | |||
Operating Margin | 0.03 % | |||
Current Valuation | 65.36 M | |||
Shares Outstanding | 21.72 M | |||
Shares Owned By Insiders | 14.13 % | |||
Shares Owned By Institutions | 31.30 % | |||
Number Of Shares Shorted | 51.84 K | |||
Price To Earning | 26.18 X | |||
Price To Book | 1.62 X | |||
Price To Sales | 0.23 X | |||
Revenue | 305.62 M | |||
Gross Profit | 80.66 M | |||
EBITDA | 9.39 M | |||
Net Income | 2.61 M | |||
Cash And Equivalents | 19.74 M | |||
Cash Per Share | 0.02 X | |||
Total Debt | 41.22 M | |||
Debt To Equity | 0.59 % | |||
Current Ratio | 0.90 X | |||
Cash Flow From Operations | 9.88 M | |||
Short Ratio | 1.20 X | |||
Earnings Per Share | 0.12 X | |||
Price To Earnings To Growth | 1.07 X | |||
Number Of Employees | 3.31 K | |||
Beta | 0.86 | |||
Market Capitalization | 35.71 M | |||
Total Asset | 37.69 M | |||
Retained Earnings | (73.25 M) | |||
Working Capital | (4.89 M) | |||
Current Asset | 59.84 M | |||
Current Liabilities | 64.73 M | |||
One Year Return | 5.80 % | |||
Three Year Return | 0.00 % | |||
Net Asset | 37.69 M | |||
Last Dividend Paid | 0.0219 | |||
Bond Positions Weight | 0.76 % |
About SPDR Nuveen Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Nuveen Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Nuveen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Nuveen Municipal based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether SPDR Nuveen Municipal is a strong investment it is important to analyze SPDR Nuveen's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR Nuveen's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:Check out SPDR Nuveen Piotroski F Score and SPDR Nuveen Altman Z Score analysis. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of SPDR Nuveen Municipal is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Nuveen's value that differs from its market value or its book value, called intrinsic value, which is SPDR Nuveen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Nuveen's market value can be influenced by many factors that don't directly affect SPDR Nuveen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Nuveen's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Nuveen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Nuveen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.